US Trade Deficit Hits Highest Level in Nearly 5 Years

2017-03-08

The U.S. trade deficit in January hit the highest level in nearly five years. Tuesday’s report from the Commerce Department says the gap between what Americans sell to foreigners and what U.S. customers buy from overseas grew by 9.6 percent for the month to $48.5 billion. U.S. exports rose six-tenths of a percent, as American companies…